OFX Group Ltd (ASX:OFX)

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Price: 1.345 AUD 0.75%

Market Cap: 324.9m AUD

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Section:

Relative Value

The Relative Value of one OFX stock under the Base Case scenario is 1.949 AUD. Compared to the current market price of 1.345 AUD, OFX Group Ltd is Undervalued by 31%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

OFX Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.3

P/S

vs History	93
vs Industry	55

Median 5Y

2.2

Industry

3.1

Forward

1.4

More Details

12.3

P/E

vs History	80
vs Industry	28

Median 5Y

18.8

Industry

15.3

Forward

10.2

More Details

7.1

P/OCF

vs History	80
vs Industry	24

Median 5Y

10.2

Industry

10.2

More Details

Negative

P/FCFE

vs History
vs Industry	34

Median 5Y

18.6

Industry

12.8

More Details

1.9

P/B

vs History	95
vs Industry	14

Median 5Y

Industry

1.3

More Details

0.4

EV/S

vs History	72
vs Industry	77

Median 5Y

0.7

Industry

4.8

Forward

0.4

More Details

0.4

EV/GP

vs History	72
vs Industry	79

Median 5Y

0.8

Industry

More Details

1.5

EV/EBITDA

vs History	72
vs Industry	62

Median 5Y

3.1

Industry

14.1

Forward

1.5

More Details

2.4

EV/EBIT

vs History	69
vs Industry	55

Median 5Y

4.4

Industry

14.6

Forward

2.3

More Details

1.9

EV/OCF

vs History	72
vs Industry	44

Median 5Y

3.3

Industry

12.3

More Details

3.2

EV/FCFF

vs History	59
vs Industry	35

Median 5Y

4.6

Industry

13.4

More Details

0.3

EV/IC

vs History	77
vs Industry	45

Median 5Y

0.8

Industry

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
AU		OFX Group Ltd ASX:OFX	322.8m AUD	1.3	12.3	1.5	2.4
IN		Indian Railway Finance Corp Ltd NSE:IRFC	1.8T INR	6.6	27.3	21.3	21.3
IN		Power Finance Corporation Ltd NSE:PFC	1.3T INR	1.4	6.4	10.6	10.6
IN		REC Limited NSE:RECLTD	1.2T INR	2.4	8.1	33	33.1
JP		Shinkin Central Bank TSE:8421	1.9T JPY	7.1	79.1	1 156.7	0
JP		Mitsubishi HC Capital Inc TSE:8593	1.5T JPY	0.7	10.9	14.5	44.5
CA		Element Fleet Management Corp TSX:EFN	11.6B CAD	5.6	31.8	23	50
IN	I	Indian Renewable Energy Development Agency Ltd NSE:IREDA	540.6B INR	9.4	37.5	55	56
TW		Chailease Holding Company Ltd TWSE:5871	185.3B TWD	1.8	7.9	12	15.1
IN		Housing and Urban Development Corporation Ltd NSE:HUDCO	428.8B INR	4.9	17.3	16.1	16.1
JP		Tokyo Century Corp TSE:8439	721.1B JPY	0.5	9.1	11.6	39.8

				Revenue Growth	P/S to Growth
AU		OFX Group Ltd ASX:OFX	Average P/S: 3.8 1.3	5%	0.3
IN		Indian Railway Finance Corp Ltd NSE:IRFC	6.6	N/A	N/A
IN		Power Finance Corporation Ltd NSE:PFC	1.4	-35%	N/A
IN		REC Limited NSE:RECLTD	2.4	-16%	N/A
JP		Shinkin Central Bank TSE:8421	7.1	N/A	N/A
JP		Mitsubishi HC Capital Inc TSE:8593	0.7	6%	0.1
CA		Element Fleet Management Corp TSX:EFN	5.6	-10%	N/A
IN	I	Indian Renewable Energy Development Agency Ltd NSE:IREDA	9.4	N/A	N/A
TW		Chailease Holding Company Ltd TWSE:5871	1.8	3%	0.6
IN		Housing and Urban Development Corporation Ltd NSE:HUDCO	4.9	-7%	N/A
JP		Tokyo Century Corp TSE:8439	0.5	6%	0.1

				Earnings Growth	PEG
AU		OFX Group Ltd ASX:OFX	Average P/E: 22.5 12.3	11%	1.1
IN		Indian Railway Finance Corp Ltd NSE:IRFC	27.3	N/A	N/A
IN		Power Finance Corporation Ltd NSE:PFC	6.4	0%	N/A
IN		REC Limited NSE:RECLTD	8.1	12%	0.7
JP		Shinkin Central Bank TSE:8421	79.1	N/A	N/A
JP		Mitsubishi HC Capital Inc TSE:8593	10.9	12%	0.9
CA		Element Fleet Management Corp TSX:EFN	31.8	21%	1.5
IN	I	Indian Renewable Energy Development Agency Ltd NSE:IREDA	37.5	N/A	N/A
TW		Chailease Holding Company Ltd TWSE:5871	7.9	9%	0.9
IN		Housing and Urban Development Corporation Ltd NSE:HUDCO	17.3	23%	0.8
JP		Tokyo Century Corp TSE:8439	9.1	12%	0.8

				EBITDA Growth	EV/EBITDA to Growth
AU		OFX Group Ltd ASX:OFX	Average EV/EBITDA: 123.2 1.5	8%	0.2
IN		Indian Railway Finance Corp Ltd NSE:IRFC	21.3	N/A	N/A
IN		Power Finance Corporation Ltd NSE:PFC	10.6	-35%	N/A
IN		REC Limited NSE:RECLTD	33	14%	2.4
JP		Shinkin Central Bank TSE:8421	1 156.7	N/A	N/A
JP		Mitsubishi HC Capital Inc TSE:8593	14.5	N/A	N/A
CA		Element Fleet Management Corp TSX:EFN	23	N/A	N/A
IN	I	Indian Renewable Energy Development Agency Ltd NSE:IREDA	55	N/A	N/A
TW		Chailease Holding Company Ltd TWSE:5871	12	-1%	N/A
IN		Housing and Urban Development Corporation Ltd NSE:HUDCO	16.1	N/A	N/A
JP		Tokyo Century Corp TSE:8439	11.6	-24%	N/A

				EBIT Growth	EV/EBIT to Growth
AU		OFX Group Ltd ASX:OFX	Average EV/EBIT: 28.9 2.4	8%	0.3
IN		Indian Railway Finance Corp Ltd NSE:IRFC	21.3	N/A	N/A
IN		Power Finance Corporation Ltd NSE:PFC	10.6	-34%	N/A
IN		REC Limited NSE:RECLTD	33.1	17%	1.9
JP		Shinkin Central Bank TSE:8421	Not Available	N/A	N/A
JP		Mitsubishi HC Capital Inc TSE:8593	44.5	N/A	N/A
CA		Element Fleet Management Corp TSX:EFN	50	25%	2
IN	I	Indian Renewable Energy Development Agency Ltd NSE:IREDA	56	N/A	N/A
TW		Chailease Holding Company Ltd TWSE:5871	15.1	14%	1.1
IN		Housing and Urban Development Corporation Ltd NSE:HUDCO	16.1	-8%	N/A
JP		Tokyo Century Corp TSE:8439	39.8	N/A	N/A

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

	Johnson & Johnson NYSE:JNJ	US
	Berkshire Hathaway Inc NYSE:BRK.A	US
	Bank of America Corp NYSE:BAC	US
	Mastercard Inc NYSE:MA	US
	UnitedHealth Group Inc NYSE:UNH	US
	Exxon Mobil Corp NYSE:XOM	US
	Pfizer Inc NYSE:PFE	US
	Palantir Technologies Inc NYSE:PLTR	US
	Nike Inc NYSE:NKE	US
	Visa Inc NYSE:V	US
	Alibaba Group Holding Ltd NYSE:BABA	CN
	3M Co NYSE:MMM	US
	JPMorgan Chase & Co NYSE:JPM	US
	Coca-Cola Co NYSE:KO	US
	Walmart Inc NYSE:WMT	US
	Verizon Communications Inc NYSE:VZ	US

	Franklin Covey Co NYSE:FC	31.562 USD -10.59%
	Mohawk Industries Inc NYSE:MHK	118.57 USD 0.25%
	Ardmore Shipping Corp NYSE:ASC	13.48 USD 7.32%
	ASGN Inc NYSE:ASGN	85.435 USD -1.71%
	Skyworks Solutions Inc NASDAQ:SWKS	93.67 USD 1.12%
	Weatherford International PLC NASDAQ:WFRD	73.9 USD 2.45%

	Johnson & Johnson NYSE:JNJ	142.72 USD 0.32%
	Bank of America Corp NYSE:BAC	45.28 USD -2.01%
	Mastercard Inc NYSE:MA	507.985 USD -1.63%
	Salesforce Inc NYSE:CRM	319.4 USD -2.29%
	Abbvie Inc NYSE:ABBV	177.39 USD -0.62%
	Home Depot Inc NYSE:HD	387.8 USD 0.15%

	Arista Networks Inc NYSE:ANET	114.21 USD -1.13%
	Visa Inc NYSE:V	308.33 USD -1.37%
	Texas Pacific Land Corp NYSE:TPL	1 311.035 USD 2.75%
	KLA Corp NASDAQ:KLAC	682.34 USD -0.56%
	Manhattan Associates Inc NASDAQ:MANH	267.6 USD -1.79%
	Pinduoduo Inc NASDAQ:PDD	96.02 USD -4.29%

OFX Group Ltd
ASX:OFX

Relative Value

Valuation Multiples

Multiples Across Competitors

OFX Competitors Multiples
OFX Group Ltd Competitors

See Also

Company

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52 Week Range	1.24 2.38
Price Target

OFX Group Ltd ASX:OFX

Relative Value

Valuation Multiples

Multiples Across Competitors

OFX Competitors Multiples OFX Group Ltd Competitors

See Also

Company

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Stocks

OFX Group Ltd
ASX:OFX

OFX Competitors Multiples
OFX Group Ltd Competitors